January 2025 platforms responsible for VAT collections for e-commerce goods of their third-party sellers has launched on 9 July 2024 a public consultation on its plan to impose Switzerland to on digital platforms for goods. The consultation completes on August 2024. From 1 January 2025,
Government confirms looking to withdraw JPY 10,000 Consumption Tax de minimus on imports Japan’s 2025 Tax Reform Package includes a review of the JPY 10,000 Consumption Tax threshold on low-value consignments being imported to local consumers. Many countries in the Asia region are looking at
Request for harmonised framework to determine digital interfaces’ liabilities on non-EU sellers establishment France has called for harmonisation of rules on marketplace VAT obligations where non-EU goods sellers circumvent the Fixed Establishment requirements. It has raised the issue in the VAT Committee, which reviews technical
E-commerce platforms may have to collect VAT on behalf of their sellers The General Department of Taxation is considering imposing VAT collection obligations – deemed supplier – on online marketplaces. This would require them to act as the VAT reporter instead of their third-party sellers
Operational challenges & market risks mean we may see retreat from full liability, deemed supplier VAT obligations for marketplaces The introduction of deemed supplier VAT obligations for online marketplaces has created a range of challenges for both the platforms themselves and the wider ecosystem of
E-commerce marketplaces jointly and severally liable; due diligence requirements Belgium is considering a proposal to make digital platforms and marketplaces jointly and severally liable for their third-party sellers B2C transactions. This could take effect from 1 January 2024 in a Bill being drawn up. Belgium would
Australia extended its 10% Goods and Services Tax (GST) to electronic or digital services provided by foreign sellers or marketplaces from 1 July 2017. This includes marketplaces becoming the deemed supplier – Electronic Distribution Platforms EDPs . There is GST registration threshold for non-resident providers of
European Commission group debates question on: Single VAT registration in EU; Digital Reporting Requirements and e-invoices; and Platform Economy and VAT The European Commission’s VAT Expert Group (‘VEG’) reviewed this month a range of questions arising from the proposed VAT in the Digital Age reforms.
Last round before proposals on: Single VAT registration in EU; Digital Reporting Requirements and e-invoices; and Platform Economy and VAT The European Commission’s VAT Expert Group (‘VEG’) reviewed this month a range of questions arising from the proposed VAT in the Digital Age reforms. Following
Questions around marketplace deemed supplier obligation as part of VAT in the Digital EU review Following the ending of the public consultation of the EU VAT in the Digital reforms, a number of issues remain around the proposed full liability model being considered for the platform
